Banking on privilege

Sofía A. Pérez

Table of Contents Tables Preface Introduction: Invisible Hand and Political Legacy 1 1 The Spanish Economy and Financial Reform 7 2 The Inflationary Origins of the Spanish Financial System 45 3 Cheap Credit and the Politics of Interventionism 65 4 Shift within the State 87 5 Financial Reform and the Political Transition 116 6 Socialist Victory and Regulatory Accommodation 136 7 From Meso to Macro: The Rise and Fall of the Peseta 167 Conclusion: The Politics of Financial Liberalization 190 Index 203

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